Sitting high atop a mountain overlooking Palo Colorado Canyon and the Pacific ocean beyond, this home is magical. Easily accessed by a paved road, the property features two separate sites within the 8+acre parcel, both with magnificent views: one with an artists studio and large storage shed on public power, and the other, a round house completely off-grid. Main level of house is open concept, with kitchen, living, sleeping area and bathroom on that level. Separate downstairs has laundry room, second bathroom and two bedrooms all framed in and ready for finish carpentry. All construction is fully permitted through Monterey County. Beloved by the current owners for 37 years, the home, which sits in a sunbelt, is lush with gardens, small vineyard and a beautiful fountain near the front door. Gorgeous, unobstructed views.
Sold for $1,100,000
$1,100,000
37723 Palo Colorado Rd, Carmel, CA 93923
2beds
1,950sqft
Single Family Residence, Residential
Built in 2020
8.63 Acres Lot
$1,130,000 Zestimate®
$564/sqft
$4,815 Estimated rent
Home value
$1,130,000
$983,000 - $1.31M
$4,815/mo
Zestimate® history
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What's special
Zillow last checked: 8 hours ago
Listing updated: February 01, 2026 at 11:12am
Listed by:
Vilia Gilles 00883948 831-760-7091,
Sotheby’s International Realty 831-624-1566
Bought with:
Vilia Gilles, 00883948
Sotheby’s International Realty
Source: MLSListings Inc,MLS#: ML81969659
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 2
Bathroom
- Features: ShoweroverTub1
Dining room
- Features: DiningArea
Family room
- Features: KitchenFamilyRoomCombo
Kitchen
- Features: Countertop_Granite, Countertop_Synthetic
Heating
- Central Forced Air, Propane, Wood Stove
Cooling
- None
Appliances
- Included: Gas Cooktop, Dishwasher, Electric Oven, Refrigerator, Washer
- Laundry: In Utility Room
Features
- High Ceilings
- Flooring: Hardwood, Tile
- Number of fireplaces: 1
- Fireplace features: Wood Burning Stove
Interior area
- Total structure area: 1,950
- Total interior livable area: 1,950 sqft
Property
Parking
- Parking features: Parking Area
Features
- Has view: Yes
- View description: Canyon, Mountain(s), Ocean
- Has water view: Yes
- Water view: Ocean
Lot
- Size: 8.63 Acres
- Features: Grade Varies
Details
- Additional structures: Sheds, StorageFacility
- Parcel number: 418081038000
- Zoning: RDR/40-D(CZ)
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence, Residential
Materials
- Foundation: Concrete Perimeter
- Roof: Composition, Shingle
Condition
- New construction: Yes
- Year built: 2020
Utilities & green energy
- Gas: PropaneOnSite, PublicUtilities
- Water: Shared Well, Well
- Utilities for property: Propane, Public Utilities, Solar
Community & neighborhood
Location
- Region: Carmel
Other
Other facts
- Listing agreement: ExclusiveRightToSell
- Listing terms: CashorConventionalLoan
Price history
| Date | Event | Price |
|---|---|---|
| 8/1/2024 | Sold | $1,100,000-7.2%$564/sqft |
Source:  MLSListings Inc #ML81969659 Report a problem | ||
| 7/2/2024 | Contingent | $1,185,000$608/sqft |
Source: MLSListings Inc #ML81969659 Report a problem | ||
| 6/14/2024 | Listed for sale | $1,185,000$608/sqft |
Source: MLSListings Inc #ML81969659 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $11,544 +289.9% | $1,100,000 +290.2% |
| 2024 | $2,961 +0.5% | $281,910 +2% |
| 2023 | $2,945 +3.4% | $276,383 +2% |
Find assessor info on the county website
Neighborhood: 93923
Nearby schools
GreatSchools rating
- 8/10Carmel River Elementary SchoolGrades: K-5Distance: 10.6 mi
- 7/10Carmel Middle SchoolGrades: 6-8Distance: 10.3 mi
- 10/10Carmel High SchoolGrades: 9-12Distance: 11.3 mi
Schools provided by the listing agent
- District: CarmelUnified
Source: MLSListings Inc. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value$1,130,000
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$1,130,000